Cubical Financial Services Ltd — Important, 15-05-2026: Company Update
15-05-2026 · 05:06 pm
Cubical Financial Services Ltd's board has approved a significant increase in its authorized share capital, moving from 13.51 Cr to 29.51 Cr. This decision enables a preferential issue of 8 Cr equity shares at 2.50 per share, aiming to raise 20 Cr from five identified investors. This capital infusion is crucial for strengthening the company’s financial base and supporting its growth objectives. Shareholder approval for both the capital increase and the preferential share issuance will be sought at an upcoming Extra Ordinary General Meeting.
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